Confirmation of IBS Score from CIDB for a building construction project is not mandatory but will be an added value to the project. Minimum IBS score of minimum 50 IBS Score for private projects worth RM50 million and above.
*The definition of project value “RM50 million and above” refers to a Gross Floor Area (GFA) of 50,000 m² and above.
Any building construction project (government and private) should obtain confirmation of IBS Score in line with current government policy.
Among the criteria for approval of levy exemption application is to achieve the minimum IBS Score based on the current policy, and only limited to low, medium low and medium cost home construction projects.
For each levy exemption application, verification of IBS Score will be performed simultaneously.
Application for verification of IBS Score can be made at any time as verification of marks is only done based on the information on the complete documents submitted. For levy exemption applications, the application must be submitted no later than before the project reaches 40% structural progress to enable the visit to be carried out in accordance with the guidelines.
For IBS confirmation application, score review is only done based on all documents submitted. For levy exemption applications, document review will be followed by a site visit when the progress of the project structure reaches 40% and 80% for review of the use of IBS method as declared.
The project has to be levied first and the contractor has to pay the entire levy imposed during the liability period. If the levy exemption application is approved (after the project is completed) then the levy refund is made.